How the 'Dairy Cliff' Will Cream Consumers

Got milk? Enjoy the price you paid, because federal policy, reaching its sell-by date, will have dire results.

By

James Bovard

Dec. 30, 2012 7:31 p.m. ET

If the price of milk zooms up shortly after Jan. 1, the increase will come courtesy of a venal and feckless U.S. Congress.

No grocery store would hire a clerk who insisted on adding up a customer's purchases with an ancient abacus. Yet a similarly archaic standard is about to be inflicted on the nation's taxpayers and consumers.